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Goodwill is nothing more than probability that the old customer will resort to the old place. This definition of goodwill was given by: -

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Question

Goodwill is nothing more than the probability that the old customer will resort to the old place. This definition of goodwill was given by:

Options

  • Spicer and Pegler

  • ICAI

  • Lord Elton

  • AICPA

MCQ

Solution

Lord Elton

shaalaa.com
Modes of Reconstitution of a Partnership Firm
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